The "absolute time" is a hypothetical time that either runs at the same rate for all the observers in the universe or the rate of time of each observer can be scaled to the "absolute time" by multiplying the rate by a constant. The theory of relativity doesn't allow the existence of such time because of non existence of absolute simultaneity. In physics, the term relativity is used in several related contexts: Galileo first developed the principle of relativity, being the postulate that the laws of physics should take the same form for all observers in uniform motion with respect to each other. ... Absolute simultaneity is a hypothetical coincidence of two or more events in different points in space for all observers in the universe. ...
If physical time, psychological time, and biological time are three different kinds of time, then three answers are required to the question "What is time?" and some commentary is required regarding their relationships, such as whether one is the most fundamental.
Spacetime is four-dimensional and a continuum, and time is a distinguished, one-dimensional sub-space of this continuum.
Proper time along a worldline in 4-d spacetime is the time elapsed by an object having that worldline, as shown on an ideal clock having the same worldline.
Newton argued that inertial motion was relative to absolute space but instead Mach argued that inertial motion was relative to the average of all the mass in the universe.
Laplace was, of course, right, but Newton on the other hand had based his theory on absolute space and absolutetime and the positions and velocities of the particles were given with respect to this absolute coordinate system.
For example the uncertainty in the energy of a particle and the time at which this energy is measured cannot both be determined to an arbitrary degree of accuracy.